Summary | Growth of new starts may have moderated slightly on
last year's high base.Manufacturing investment probably held
up, given improving industrial profits and confidence.We expect
local government debt swaps to continue, likely totaling over
RMB 5 trillion in 2017.Monetary will likely stay "prudent and
neutral” with a tightening bias.That said, we still expect ...
last year's high base.Manufacturing investment probably held
up, given improving industrial profits and confidence.We expect
local government debt swaps to continue, likely totaling over
RMB 5 trillion in 2017.Monetary will likely stay "prudent and
neutral” with a tightening bias.That said, we still expect ...
chinaeconomicreview.com | 12 May 2017